Module 1 Review B, M, E

Ky and his brothers want to start a business. What is an advantage of starting a partnership?

Promoting, distributing, and pricing products are all classified as which type of function?

The Gap, Dell, and IBM are all classified as which type of business?

How is a corporation different from a sole proprietorship or partnership?

Barber shops, dry cleaners, and car repair shops are all classified as which type of business?

What is a difference between wants and needs?

Hiring, firing, and managing the benefits and educational opportunities for employees are what?

Goodwill helps poor & homeless people w/ $ raised by selling donated items. What kind of bus?

Maintaining email acct's, installing software app's, maintaining hardware are all classified as

Ensuring the organization meets goals, working w/ employees to reach organizational goals are?

Collecting $ from customers, paying taxes, & processing payroll checks are all classified as?

Comparing the four main business types, which has the most risk and rewards for an individual?

Which of the four types of business protects owners the MOST from personal financial liability?